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Hillsborough Rd. Property Trades Hands

Private Investor Acquires Retail Bldg. for $1.2 Million
May 27, 2014
A private investor purchased the retail building at 3172 Hillsborough Rd. in Durham, NC for $1.28 million, or about $60 per square foot.

The 21,190-square-foot building was constructed in 1970 in downtown Durham. The property was about 46 percent occupied at the time of sale.

Michael Waldrop of Waldrop Properties represented the seller. The buyer did not use a representative in this transaction.

Please See CoStar COMPS #3008606 for more information on this transaction.
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